Manhattan, NY

Population: 13,299
Average annual home appreciation rate: 2.63%
Total of homes for sale in this market:
Median home price: $311,223
Median Rent: $994 per room
Home price range: 33.26% of homes are between $280,001 – $373,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 51.65% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.03%
Number of renters: 34.83%
Number of owner occupied: 65.17%
Number people living below poverty level: 14.11%
Unemployment rate: 6.00%
Is this area perfect for real estate deals going on right now? For a real estate investor, Riverhead definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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